Startups

Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot, the latest signal of its growing interest in the fast-growing space. A spokesperson of 42dot told technewss that the startup is in talks with Hyundai Motor

Updated: Article updated to add the city of Richmond and the county of Montgomery in Virginia, as well as St. Augustine, Florida also confirming service has ended there.  Bolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, appears to have vanished w

What’s the difference between a startup and a small business? Semantics, mostly. As many startups find themselves struggling to raise funds from venture capitalists as financing continues to decline this year, the U.S. Small Business Administration (SBA) could prove to be a powerful resource

As the fintech venture market goes, so goes the venture market itself. Why? Because fintech investment has historically made up around one-fifth of every venture dollar invested — at least in recent years. And after both fintech investing and venture capital itself went a bit bonkers last ye

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you're reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I'll take a look at the hottest fintech news of the prev

Hello hello! Welcome back to Week in Review, the newsletter where we do a quick rundown of the most-read technewss stories from the past week. The idea: When you’ve had a busy few days, you should be able to skim Week in Review and still have a good idea of what’s up lately in tech. Wa

Like a groundhog and its shadow, many venture capitalists see a shrinking economy and burrow away, resting their check-signing hand for better days. But climate-focused VCs are on a tear lately, pumping well over a billion dollars per quarter into startups that strive to mitigate emissions as t

A few weeks ago, I wrote a piece on technewss about how to run a successful board meeting. Since then, I've been asked one question over and over: What does a good board update actually look like? It's a perfectly reasonable question. In the early days of a startup, most founders have ver

The U.S. Senate earlier this week approved the CHIPS Act, which includes $52 billion to subsidize domestic semiconductor production. It still has to struggle its way through the bureaucracy (here’s a quick refresher), but clearing the Senate is a huge and important step toward the American ch

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Why, hello there, and welcome back to another installment of the Daily Crunch! It's lovely to have you here with me. Also, give Freelance Whales a listen. I d

A compromise in Congress is forming among Democrats to tinker with the tax code, generate revenue by other means and apply those revenues to climate-change-related investments and deficit reduction. The Inflation Reduction Act of 2022, if it passes, would institute a minimum tax rate for large comp

Fresh fish isn’t really that fresh — even straight off the boat. The way they’re caught and killed is not only inhumane but detrimental to the resulting meat. There’s a far superior alternative, but it’s time-consuming and manual — but Shinkei Systems has figured out a w

Today, digital world maker Stadium Live Studios, Inc. announced its $10 million Series A funding round to continue its mission of bringing fantasy sports to a younger generation. The Canadian startup was founded in 2020 by Kevin Kim and Paul Xu with the goal of gamifying the sports fandom and build

Fly.io co-founder and CEO Kurt Mackey says that developers don't really understand the term edge computing. They just know they want to run their applications closer to the user to make them more responsive. He believes that the traditional way of doing this with a content delivery network (CDN